Camping Cooler Market Share $1.1 Billion By 2032, CAGR 3.5%

Camping Cooler Market Size Worth $ 1.1 Billion By 2032 | CAGR: 3.5%


The global camping cooler market size is expected to reach USD 1.1 billion by 2032, according to a new study by Polaris Market Research. The report “Camping Cooler Market Share, Size, Trends, Industry Analysis Report, By Volume (< 25-quart, 25–50-quart, 50–75-quart, 75-100 quart, > 100 quart), By Product, By Application, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Anticipated growth in the market is attributed to the increasing adoption of innovative technologies in chiller manufacturing and the rising trend of outdoor activities. The changing camping landscape, influenced by the growing involvement of millennials in physical and recreational pursuits like backpacking, mountain biking, and hiking, indirectly contributes to the rising popularity of camping iceboxes.

According to the 2017 report from the Outdoor Industry Association, the yearly consumer spending on outdoor recreational activities in North America reached USD 887 billion. This figure surpasses the expenditures on essential amenities such as education, fuel, and medical care. Notably, approximately 50% of the U.S. population engages in at least one outdoor activity each year.

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Leading manufacturers in the camping and outdoor cooler market follow the practice of sourcing components from third-party vendors and incorporating them with their proprietary technology to create the final product. For instance, Yeti Coolers relies on partnerships with manufacturers such as Hedstrom Plastics & Solar Plastics to obtain product parts. These parts are then integrated into Yeti's rotomolded chillers, showcasing a collaborative approach to the production process.

Presently, thermoelectric coolers are predominantly marketed to consumers in the shape of compact wine-chilling systems and portable camping coolers, mainly due to their constrained capacity. Innovators like Phononic, based in North Carolina, are actively engaged in efforts to upscale the technology. They aim to develop full-size, full-capacity refrigeration systems by leveraging potent 50-millimeter semiconductor chips.

As environmentally friendly refrigeration technologies gain prominence, businesses are encouraged to explore the adoption of non-compressor-based systems. Despite potentially higher initial costs, these systems have the potential to yield substantial savings for businesses by mitigating compliance risks and minimizing expenses associated with refrigerant charge replacements. Additionally, transitioning to these technologies enables brands to demonstrate a commitment to sustainability, offering the opportunity to earn GreenChill certification and cultivate a reputation for environmental responsibility and accountability.

Camping Cooler Market Report Highlights

  • The 50-75 quarts segment held the largest share, primarily due to a rise in outdoor activities like hiking, camping, and adventure sports
  • Hard coolers dominated the market on account of the growing demand for hard chillers in developed economies
  • Latin America will grow at the fastest rate on account of growing tourism and rapidly developing backpacking activities
  • The global players include AO Coolers, Bison Coolers, Grizzly Coolers, Igloo Products, Orca, Outdoor Active Gear, Pelican Products, & Yeti Coolers.

Polaris Market Research has segmented the camping cooler market report based on volume, product, application, and region:

Camping Cooler, Volume Outlook (Revenue - USD Billion, 2019 - 2032)

  • < 25 quart
  • 25-50 quart
  • 50-75 quart
  • 75-100 quart
  • > 100 quart

Camping Cooler, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Hard Cooler
  • Soft Cooler
  • Others

Camping Cooler, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Dry Camping
  • Backpacking
  • Off-road/RV Camping
  • Others

Camping Cooler, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Camping Cooler Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 813.86 million

Revenue forecast in 2032

USD 1,068.30 million

CAGR

3.5% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Volume, By Product, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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